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20121202
20121210
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%, there's nothing else left to get them the next year. even bill clinton agrees. here's what he said at a conference i saw him at back in may. >> i think you could tax me at 100% and you wouldn't balance the budget. we're all going to have to contribute to this and if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting point? "outfront" republican congressman james lankford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. appreciate you're taking the time. what about this idea of racing taxes on everyone? the math works much better. >> i heard your lead in when you said this is a new idea. actually, it's not a new idea, there are several democrats who have floated that for a while. the code word is we want to go back to the clinton tax rates and talk about the clinton economy that we had a much more vigorous economy and growth and w
clinton. douglas, does this sound like code for a deal in the works? >> it certainly is good news that they aren't taking things off the table. i would be premature if i was celebrating a deal. there's a long way to go. it's important that they reach an agreement. the fiscal cliff is a very real danger to the united states economy. it's a recipe for a recession. and i certainly would not like to see the rhetoric that we saw from the treasury secretary tim geithner who said he's prepared to go over the fiscal cliff. that is not a good way to talk about what's going on right now. >> mr. reich, let me ask you the same thing. do you think there's code suggesting they are working towards something? because, doug, as you point out, the language was really harsh during this week. but all of a sudden, here we are friday evening and people are saying these kind of soft things that say maybe compromise. what do you think, robert? >> i think doug is right. it's too early to break out the champagne, but undoubtedly, the rhetoric is softening as we get closer and closer to the christmas holida
Search Results 0 to 4 of about 5 (some duplicates have been removed)